Home›US Markets›Indices›U.S. stock futures edge lower as Iran uncertainty and…

U.S. stock futures edge lower as Iran uncertainty and inflation loom

Investors are looking ahead to key inflation data this week while renewed Iran-related concerns keep pressure on sentiment amid Strait of Hormuz uncertainty.

Reported · Written up by our desk · Indices

U.S. stock-index futures were little changed on Sunday, as investors weighed renewed Iran-related concerns and the outlook for inflation data later this week, according to MarketWatch.

The market focus includes updated demands from Iran that raise fresh doubts about the Strait of Hormuz reopening anytime soon, adding to uncertainty around the region.

With inflation data scheduled for later this week, traders appear to be positioning cautiously ahead of the next major macro datapoint, MarketWatch said.

More like this

Sources